Lucky Magazine Lays Off About 10 Staffers

Lucky magazine, the women's shopping title that was once a blockbuster success for Conde Nast, laid off about 10 staff members this week. One person with knowledge of the matter said nearly 15 employees were let go. A Lucky spokeswoman, however, put the number at "less than 10."The spokeswoman did not elaborate on the cuts. But a report on the website Fashionista lists several Lucky editorial staffers who were let go.Last August, Conde Nast, which publishes glossy magazines like Vogue and Vanity Fair, spun off Lucky into a separate company called The Lucky Group. The new company is a joint venture between Conde Nast and BeachMint, an e-commerce company co-founded by Josh Berman, who also co-founded MySpace. Conde Nast is the majority shareholder. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2015-02-06 00:00:00 UTC ]
News tagged with: #lucky group #conde nast #vanity fair #joint venture #co-founded myspace #majority shareholder

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